ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Fed Chair Powell: US Economy At An ‘Inflection Point’
Federal Reserve Chairman Jerome Powell said the US economy is at an "inflection point" and that growth and job creation will most...
Treasury Secretary Yellen Calls for Global Minimum Corporate Tax
U.S. Treasury Secretary Janet Yellen said on April 5 that she is working with G20 countries to agree on a global minimum...
Treasury’s Yellen to Restart Hedge Fund Oversight Panel
Treasury Secretary Janet Yellen introduced a three-pronged agenda on March 31 to address "ongoing threats to the nation's financial system."
ECB Increases Bond Purchases To Slow Down Surging Yields
The European Central Bank (ECB) has increased the weekly pace of its emergency bond purchasing program to its highest level in three...
Treasury Launches Program to Support Minority-Owned Financial Institutions
The U.S. Department of the Treasury announced on March 4 in a press release that it is opening the application process for...
Fed Extends Its Paycheck Protection Program Liquidity Facility To June 30
The Federal Reserve Board announced on March 8 it will extend its Paycheck Protection Program Liquidity Facility (PPPLF) by three months to...
Fed’s Powell: Economic ‘Reopening’ Could Lead to a Temporary Rise in Inflation
Federal Reserve Chairman Jerome Powell said on March 4 that he expects inflation to increase temporarily in response to a rise in...
Fed’s Wire Transfer System for Banks Experienced a Several Hour Outage
The Federal Reserve's system that allows banks to wire transfer money back and forth went down for several hours on Feb. 24....
10-Year Treasury Yield Dips after Recent Surge
The 10-year U.S. Treasury yield fell slightly on March 1, trading below the high water mark from the week of Feb. 22's...
Recent Articles
New Chapter 11 Filings, Disclosures: April 12 – April 16, 2021
At least two major companies have either filed for Chapter 11 bankruptcy protection or defaulted on loans during the week of April...
ViacomCBS Networks International Agrees to Acquire Chilevisión
On Monday April 5, ViacomCBS Inc. (NASDAQ: VIAC, VIACA) announced that it had agreed to acquire Chilevisión from WarnerMedia. WarnerMedia is a...
Carnival Reports $2 Billion Quarterly Loss
Carnival reports $2 billion quarterly loss. This is due to COVID-19 pandemic restrictions on the cruising industry, which has decimated Carnival and...
New High Yield Bond Ratings: April 5 – 9, 2021
At least 35 companies received a revision on high yield bond ratings during the week of April 5-9, 2021. These revisions caused...
ECB President Lagarde Expects Strong Rebound for EU Economy in Second Half
Despite COVID-19 struggles, European Central Bank (ECB) President Christine Lagarde told CNBC on April 9 that the European Union (EU) will hit...
Most Popular
Nissan’s Long-Term Rating Lowered, Production Cuts to Follow
Nissan Motor Acceptance Corp received a rating downgrade this week, going from BBB to BBB- as of July 3, 2020. The company’s...
Q2 Late-Stage Venture Capital Raises $5.1 Billion
Funding for Q2 late-stage venture capital exceeded expectations this year, despite the economic impact of Covid-19. However, funding fell beneath last year’s...
Jiko Becomes First Fintech to Acquire Nationally Chartered Bank
Digital bank Jiko has acquired Mid-Central National Bank, a 63-year old brick-and-mortar bank in Wadena, Minn. This is the first time a...
The PE Industry Reveals its Insurance Knowledge in New Research
Private equity firms’ knowledge of the insurance market and strategic use of cover remains relatively limited, according to research from Gallagher. The...
New High Yield Bond Ratings December 7 – December 11, 2020
At least 20 companies received downgrades or revisions on high yield bond ratings during the week of December 7 – December 11,...
